Net Income Analysis ( % relative to Total Revenue )
Income Statement Spectrum Bank All Insured Commercial Banks in California
Interest and Fees on Loans 2,531 14,421
Income from Lease Financing Receivables — 5,135
— 1,595
Estimated Tax Benefit from Tax-Exempt Loan Income — 817
Income on Loans and Leases (TE) 2,531 14,510
Investment Interest Income (TE) 512 5,759
Total Interest Income (TE) 3,265 15,445
Total Interest Expense 870 5,476
Net Interest Income (TE) 2,395 10,123
Non-Interest Income 404 2,867
Adjusted Operating Income (TE) 2,799 12,364
Non-interest Expense 2,275 8,133
Provision for Loan & Lease Losses — 7,057
Pretax Operating Income (TE) 524 12,889
Pretax Net Operating Income (TE) 524 12,309
Applicable Income Taxes 132 3,561
Net Operating Income 337 7,901
Net Income 337 7,857
Cash Dividends Declared — 10,620
Retained Earnings 337 5,099